Houston American Energy Corp (AMEX: HUSA) Emerges As Guiding Light For Investors

money audit

Houston American Energy Corp (AMEX:HUSA) currently has a daily average trading volume of 471.69K but it saw 1301506 shares traded in last market. With a market cap of 12.98M USD, the company’s current market price of $1.19 came falling about -6.30 while comparing to the previous closing price of $1.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.81 and as low as $1.14. In the recent trading on the day, stock has struck highest price mark of $1.18 while lowest mark touched by it was $1.3.

Taking a look at 20-day trading activity of Houston American Energy Corp (HUSA) gives us an average price of $1.2920, while its current price level is -57.65% below from 52-week high level whereas it is 4.39% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.2573 while that of 200 days or SMA-200 reads an average of $1.5055. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.69% during that period while stretching the period over a month that decreases to 9.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.09 which implies that the stock is in neutral territory.

C.K. Cooper upgraded its recommendation for the stock as a “Buy” from “Hold” on May 04, 2012 while assigning a price target of $4.

Over the week, HUSA’s stock price is moving -15.00% down while it is -4.03% when we observe its performance for the past one month. Year-to-date it is -33.52% down and over the past year, the stock is showing a downside performance of -44.65%.

The company is expected to be releasing its next quarterly report in September, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Houston American Energy Corp’s total number of outstanding shares is 10.91M. Company’s return on investment (ROI) stands at -33.04% and return on equity (ROE) at -29.69%. Stock’s beta reads 0.51. Stock has a price to book (P/B) ratio of 1.29 while price to sale or P/S ratio amounts to 18.29. Its return on asset (ROA) is -28.59% on average.